Taubman Ctrs INC (TCO) Holder Grs Advisors LLC Increased Its Position by $4.71 Million

April 24, 2018 - By Ellis Scott

Taubman Centers, Inc. (NYSE:TCO) LogoInvestors sentiment increased to 1.28 in Q4 2017. Its up 0.06, from 1.22 in 2017Q3. It increased, as 30 investors sold TCO shares while 63 reduced holdings. 54 funds opened positions while 65 raised stakes. 65.43 million shares or 15.75% more from 56.53 million shares in 2017Q3 were reported. The Massachusetts-based Wellington Mgmt Grp Llp has invested 0% in Taubman Centers, Inc. (NYSE:TCO). Oregon Public Employees Retirement Fund holds 0.02% or 22,375 shares. Cornerstone Advsr invested in 100 shares or 0% of the stock. State Of Wisconsin Board has invested 0% of its portfolio in Taubman Centers, Inc. (NYSE:TCO). Asset Management One holds 146,877 shares or 0.02% of its portfolio. Schwab Charles Invest Mgmt Inc accumulated 782,748 shares or 0.04% of the stock. Louisiana State Employees Retirement has invested 0.05% in Taubman Centers, Inc. (NYSE:TCO). Advisory Ntwk Llc invested in 0% or 33 shares. Waterfront Prtnrs Limited Liability Corp holds 267,029 shares. Connors Investor Service, Pennsylvania-based fund reported 189,188 shares. Bnp Paribas Arbitrage reported 24,950 shares. Alpine Woods Investors Ltd Liability Company has 15,297 shares for 0.05% of their portfolio. The Manitoba – Canada-based Great West Life Assurance Com Can has invested 0.01% in Taubman Centers, Inc. (NYSE:TCO). Barclays Public Limited Co reported 51,270 shares stake. Rafferty Asset Mgmt Ltd holds 0.01% or 12,872 shares.

Since December 13, 2017, it had 1 buying transaction, and 5 selling transactions for $5.70 million activity. 385 Taubman Centers, Inc. (NYSE:TCO) shares with value of $22,892 were sold by Wolff David A.. 4,000 shares were bought by Marakovits Cornelia Connelly, worth $253,400 on Friday, December 15. Another trade for 58,000 shares valued at $3.64M was sold by TAUBMAN ROBERT S. On Tuesday, February 13 HATKOFF CRAIG M sold $79,137 worth of Taubman Centers, Inc. (NYSE:TCO) or 1,350 shares.

Grs Advisors Llc increased its stake in Taubman Ctrs Inc (TCO) by 56.97% based on its latest 2017Q4 regulatory filing with the SEC. Grs Advisors Llc bought 72,518 shares as the company’s stock declined 13.34% with the market. The institutional investor held 199,818 shares of the consumer services company at the end of 2017Q4, valued at $13.07 million, up from 127,300 at the end of the previous reported quarter. Grs Advisors Llc who had been investing in Taubman Ctrs Inc for a number of months, seems to be bullish on the $4.63B market cap company. The stock decreased 2.02% or $1.11 during the last trading session, reaching $53.84. About 578,687 shares traded. Taubman Centers, Inc. (NYSE:TCO) has declined 12.94% since April 24, 2017 and is downtrending. It has underperformed by 24.49% the S&P500.

Grs Advisors Llc, which manages about $172.97 million US Long portfolio, decreased its stake in American Homes 4 Rent (NYSE:AMH) by 213,625 shares to 466,477 shares, valued at $10.19M in 2017Q4, according to the filing.

Taubman Centers, Inc. (NYSE:TCO) Ratings Coverage

Among 5 analysts covering Taubman Centers (NYSE:TCO), 0 have Buy rating, 0 Sell and 5 Hold. Therefore 0 are positive. Taubman Centers has $63.0 highest and $56.0 lowest target. $61’s average target is 13.30% above currents $53.84 stock price. Taubman Centers had 7 analyst reports since November 8, 2017 according to SRatingsIntel. The stock has “Neutral” rating by Citigroup on Tuesday, February 13. The firm has “Hold” rating by Sandler O’Neill given on Tuesday, February 13. The stock has “Hold” rating by BMO Capital Markets on Tuesday, January 9. As per Friday, December 22, the company rating was maintained by Jefferies. As per Wednesday, November 8, the company rating was downgraded by Mizuho. On Wednesday, December 13 the stock rating was upgraded by BMO Capital Markets to “Market Perform”. Mizuho maintained the shares of TCO in report on Friday, February 16 with “Hold” rating.

Taubman Centers, Inc. (NYSE:TCO) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.